Date: September 12, 2026
Land Acquisition Disclosure
Munjal Auto Industries Limited has entered into an agreement on September 12, 2026, for the acquisition/purchase of land situated at AA-14 at Mascot Industrial City, Vitthalapur, Ahmedabad.
Acquisition Details
- Seller: Mascot South Asia LLP
- Purpose: Expansion of business and market share
- Consideration: ₹14,31,13,640 (Fourteen Crore Thirty-One Lakh Thirteen Thousand Six Hundred Forty Rupees)
- Location: Mascot Industrial City, Vitthalapur, Ahmedabad
Related Party Status
- The seller does not belong to the promoter/promoter group/group companies of Munjal Auto Industries Limited
- The transaction does not fall within related party transactions
- None of the Promoters, Directors, Key Managerial Persons, and/or their relatives are interested whether directly or indirectly in this matter
Not Applicable Sections
- Shareholding in the entity
- Significant terms of agreement
- Special rights (right to appoint directors, first right to share subscription, etc.)
- Issuance of shares details
- Loan agreements
- Other disclosures (nominee details, conflict of interest)
- Termination or amendment of agreement